SAN ANTONIO–(BUSINESS WIRE)–Malta Inc., a leading long-duration energy storage solution provider, announced today that Southwest Research Institute (SwRI) has completed assembly and commissioning of the first-of-a-kind pumped heat (or thermal) energy storage (PHES) demonstration facility based on the utility-scale thermal energy storage system created by Malta as part of a project supported by a $2.6 million ARPA-E award from the U.S. Department of Energy.
Long-duration, large-scale storage capabilities, like PHES, can help balance energy volatility and reliability issues caused by high market penetration of variable renewable energy resources such as solar and wind energy, and create solutions to fulfill worldwide carbon reduction goals.
Breakthrough Energy Storage
PHES is a breakthrough for long-duration energy storage (LDES), repurposing conventional, commercially…